Intellectual Property (IP) Specialist Salary
An Intellectual Property (IP) Specialist earns an average salary of $59,195 per year. People in this job generally don't have more than 20 years' experience. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay.
|Salary||$40,989 - $95,908|
|Bonus||$309.13 - $9,845|
|Total Pay (|
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).)
|$40,241 - $89,105|
|Hourly Rate||$15.50 - $30.09|
|Overtime||$24.10 - $72.72|
|Bonus||$309.13 - $9,845|
|Total Pay (||$40,241 - $89,105|
Job Description for Intellectual Property (IP) Specialist
Intellectual property (IP) specialists work for clients who are concerned with protecting their intellectual properties. These clients want to protect their creations or inventions, related to music, literature, books, product names, and other artistic works. They help protect the intellectual properties of businesses, authors, inventors, musicians, and other owners of creative works.Read More...
These IP specialists must conduct thorough research on existing patents, so that their employers’ or clients’ creations do not infringe on others’ patent rights. They must perform infringement analysis to make sure that other companies or people do not infringe on their client’s or employer's inventions.
Depending on the type of positions that they apply for, they must have a law degree, a bachelor’s degree in a relevant field, and/or relevant work experience as intellectual property (IP) specialists. Some employers require that candidates have registered with the United States Patent and Trademark Office (USPTO). They must understand USPTO time requirements clearly. They must be proficient with patent search engine and relevant software. Some employers prefer that candidates have relevant experience, working with law firms specializing in intellectual property. If they are not patent lawyers, these specialists must work closely with intellectual property counsels within their organization. Intellectual property (IP) specialists must have excellent interpersonal and organizational skills. They must have excellent oral and written communication skills. They must be able to protect confidential information. They must keep themselves up to date with various government rules and regulations related to intellectual property.
Intellectual Property (IP) Specialist Tasks
- Aid inventors and invention owners in obtaining a patent for their invention.
- Respond to U.S. Patent and Trademark Office (USPTO) actions.
- Interview clients and conduct research to understand invention.
- Draft and prosecute patent application for invention.
Intellectual Property (IP) Paralegal Job Listings
Pay by Experience Level for Intellectual Property (IP) Specialist
Pay by Experience for an Intellectual Property (IP) Specialist has a positive trend. An entry-level Intellectual Property (IP) Specialist with less than 5 years of experience can expect to earn an average total compensation of $48,000 based on 49 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Intellectual Property (IP) Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $67,000 based on 18 salaries. An experienced Intellectual Property (IP) Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $65,000 based on 28 salaries. An Intellectual Property (IP) Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $67,000 based on 8 salaries.
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Key Stats for Intellectual Property (IP) Specialist
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